The impact of climate change has resulted in several long-term events including extreme temperatures. Besides, the occurrence of climate events impedes economic progress –– affecting economic readiness of climate mitigation. However, the effect of climatic factors on economic productivity...

While Germany and Japan are going through major energy reforms, natural gas consumption is taking a growing share in their energy supply. This paper adopts a Machine Learning approach to assess the causal link between natural gas consumption and economic growth for both economies. A Causal...

Italian Abstract: La “Legge di Wagner” è il primo modello di determinazione della spesa pubblica presentato in letteratura. Scopo di questo saggio è analizzarne l'evidenza empirica in Italia, in riferimento al periodo 1960-2008, a livello disaggregato e per mezzo dell'approccio VAR. Dopo...

Italian Abstract: La “curva BARS” mette in relazione le dimensioni dell'operatore pubblico (approssimate dalla quota di spesa pubblica sul P.I.L.) e la crescita economica. Scopo di questo saggio è analizzarne l'evidenza empirica in un gruppo di 13 Paesi membri dell'U.E., in riferimento al...

This paper applies time series methodologies to examine the causal relationship among electricity demand, real per capita GDP and total labor force for Italy from 1970 to 2009. After a brief introduction, a survey of the economic literature on this issue is reported, before discussing the data...

Public debt is a burden on future electors and taxpayers. In the absence of constitutional constraints, the incumbent government may show the cost of some public expenditures or tax reductions toward the future by financing them via new debt. However, according to the Ricardian theorem of public...